ISHARES RUSSELL MID-CAP VALU (IWS) Stock Technical Analysis
NYSEARCA:IWS - NYSE Arca - US4642874733 - ETF - Currency: USD
We assign a technical rating of 6 out of 10 to IWS. IWS has been an average performer in the overall market. Recently some decent action could be observed, but in the medium term time frame this is still negative.
The short term trend is positive, while the long term trend is neutral. So this is evolving in the right direction.
IWS is currently showing a bull flag pattern! A bull flag pattern occurs when prices pull back slightly after a strong rise up. This may be a nice opportunity for an entry.
When compared to the yearly performance of all other stocks, IWS outperforms 58% of them, which is more or less in line with the market.
IWS is currently trading in the middle of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so IWS is lagging the market slightly.
In the last month IWS has a been trading in a tight range between 123.88 and 131.02.
IWS has only a medium technical rating, but it does show a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. There is a resistance zone just above the current price starting at 129.75. Right above this resistance zone may be a good entry point.
More info and screens
112.83
136.09
We found 3 important support areas.
- A support zone ranging from 126.46 to 128.35. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 116.28 to 117.65. This zone is formed by a combination of multiple trend lines in the weekly time frame.
- A support zone ranging from 113.97 to 114.28. This zone is formed by a combination of multiple trend lines in the weekly time frame.
When analyzing the resistance we notice 2 important areas.
- A resistance zone ranging from 129.75 to 131.30. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A resistance zone ranging from 134.27 to 134.74. This zone is formed by a combination of multiple trend lines in the daily time frame.
The Technical Rating and Setup analysis above combine different indicators and trends in different timeframes. Individual signals from indicators may give more contradictive signals and should always be interpreted in the more global context.
| Indicator | Value | Signal | Comment |
|---|---|---|---|
| ChartMill Long Term Trend Indicator | NEUTRAL | NEUTRAL | The long term trend for IWS is neutral. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for IWS is up. |
| ChartMill Relative Strength | 58.16 | NEUTRAL | IWS is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of IWS is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of IWS is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | MIXED | The current price of IWS is below the rising SMA(200). |
| Relative Strength Index/RSI (14) | 57.31 | NEUTRAL | The RSI value for IWS is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.18 | NEGATIVE | The MACD value suggests IWS has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 60.01 | NEUTRAL | The Stochastics value for IWS is a neutral value. |
| Average True Range in percent/ATR (20) | 1.28 | LOW VOLATILITY | The low ATR as a percentage value for IWS suggests low volalility. |
| Average Directional Index/ADX (14) | 13.43 | NEGATIVE | The low ADX value for IWS suggests a weak or negative trend. |
Daily CandleStick Patterns
Bullish Engulfing (D)
Bullish Hammer (D)
Bearish Inverted Hammer (D)
Hanging Man (D)
Bullish Harami (D)
Doji (D)
Gravestone Doji (D)
DragonFly Doji (D)
Bearish Engulfing (D)
Bearish Shooting Star (D)
Bearish Harami (D)
Inside Bar (D)
Red Dog Reversal Down (D)
Red Dog Reversal Up (D)
Dark Cloud Cover (D)
Weekly CandleStick Patterns
Bullish Engulfing (W)
Bullish Hammer (W)
Bearish Inverted Hammer (W)
Hanging Man (W)
Bullish Harami (W)
Doji (W)
Gravestone Doji (W)
DragonFly Doji (W)
Bearish Engulfing (W)
Bearish Shooting Star (W)
Bearish Harami (W)
Inside Bar (W)
Dark Cloud Cover (W)
Daily Chart Patterns
Bull Flag
Bear Flag
Ascending Triangle (D)
Descending Triangle (D)
Symmetrical Triangle (D)
Squeeze
Channel (D)
Channel Up (D)
Channel Down (D)
Rising Wedge (D)
Falling Wedge (D)
Double Bottom (D)
Multiple Bottom (D)
Double Top (D)
Multiple Top (D)
Weekly Chart Patterns
Weekly Bull Flag
Weekly Bear Flag
Squeeze Week
Channel (W)
Double Bottom (W)
Multiple Bottom (W)
Double Top (W)
Multiple Top (W)
Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.
| ENTRY | EXIT | DISTANCE | CAPITAL |
|---|---|---|---|
| 131.31 | 126.45 | 4.86 (3.70%) | 25.00% |
| An entry @131.31. This is a Buy Stop order right above the resistance zone. | An exit @126.45. This is a Stop Loss order right below the support zone. | The trade has a worst case loss of 4.86 points, which is 3.70%. | For a 0.93% total portfolio risk, you can invest 25.00% of your capital in this trade. |
- The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
- This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
128.94
-0.44 (-0.34%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg-0.34%
1 Week0.85%
2 Weeks-1.19%
1 Month4.06%
3 Month0.7%
6 Month-6.36%
12 Month6.53%
2 Year17.39%
3 Year26.95%
5 Year68.48%
10 Year74.81%
15 Year253.84%
Volatility
ATR(14)1.6
ATR(20)%1.28%
ATR Inc-18.58%
Range Today0.75
ADR(20)1.39
ADR(20)%1.08%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS58.16
Mansfield-0.37
10 Day High129.69
10 Day Low125.56
20 Day High131.02
20 Day Low123.88
52 Week High140.95
52 Week Low108.85
CS1 End128.35
CR1 Start129.75
Volume & EV
DER(3)-0.94%
DER(5)-1.43%
Volume227.09K
Volume Incr-4.49%
Vol(5)445.32K
Vol(50)662.60K